The fires of dogecoin were fanned into existence by a thriving online community. While the internet has its dark sides, dogecoin proved that online communities can do good, too. Dogecoin set up a fundraiser in 2014 to raise $50,000 to help the Jamaican bobsled team go to the Sochi Winter Olympics.
After that campaign was a success, the Dogecoin Foundation set out to raise 40,000,000 dogecoins to help build a well in Kenya. Named Doge4Water, the operation was a success. Donations rolled in from over 4,000 donors, totaling the equivalent of about $30,000 USD.
In 2014, the dogecoin community also raised 67.8 million dogecoins, or roughly $55,000, to sponsor NASCAR driver Josh Wise. Josh finished 20th in the race, but his doge-adorned car was featured for almost a full minute, with race commentators chatting about dogecoin and spreading awareness for the community’s philanthropic efforts.
Dogecoin has continued sponsoring cars, including one in 2021.